Latest news with #marineindustry


Times of Oman
6 hours ago
- Business
- Times of Oman
Agreement signed for key shipbuilding and maintenance project in Musandam
Musandam: Musandam Global Investment company and its Turkish business partners on Tuesday signed an agreement to establish Musandam Drydock and Marine Industries Company. The agreement deals with launching a strategic project in Musandam Governorate, with an investment cost of more than OMR5 million in its first phase, to provide a set of vital services like construction and maintenance of fish farming cages, coastal and commercial fishing vessels, marine tugs, service vessels and transport vessels. The company will take steps to meet the needs of the Omani market and neighbouring regional markets,besides enhancing industrial integration in the marine and fisheries services sector. The project will keep pace with national trends in promoting food security and sustainable industrial growth. The signing ceremony was attended by Dr. Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources, and Sayyid Ibrahim Said Al Busaidi, Governor of Musandam.


Arab News
3 days ago
- Business
- Arab News
Pakistan to set up maritime chamber to boost blue economy, promote greener ports
KARACHI: The Pakistan government on Saturday announced the creation of a new Maritime Chamber of Commerce and Industry (MCCI) to promote sustainable development in the country's coastal and marine sectors, saying the initiative would help strengthen the country's blue economy while addressing rising climate risks at its ports. Addressing the Pakistan Business Council Forum, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said Pakistan's coastal zones were increasingly exposed to environmental challenges such as rising sea levels, extreme weather events and marine degradation. The new chamber, he noted, would serve as a specialized platform for uniting stakeholders from across the maritime spectrum to pursue greener policies and long-term economic resilience. 'This chamber will not only support investment and innovation in the maritime sector but also prioritize sustainability at ports, promote green technologies and foster carbon reduction strategies,' he told the participants of the forum. Pakistan is striving to strengthen blue economy by ensuring the sustainable use of ocean resources for economic growth, jobs and ecosystem health. This requires the authorities to enhance the potential of its ports, fisheries, logistics and marine services while reducing environmental harm. The new chamber is expected to provide a unified institutional voice for sectors ranging from shipping to coastal tourism, helping to align business incentives with climate adaptation goals. Pakistan has been pushing to modernize its port infrastructure and expand its role in regional trade by improving cargo handling, digitalizing port operations and encouraging public-private partnerships. The country has also invited landlocked Central Asian states to use its ports to access global markets, aiming to position itself as a regional trade hub. The Pakistan Business Council welcomed the announcement, calling the new chamber a critical step toward building a climate-resilient and economically vibrant maritime economy.

Associated Press
15-05-2025
- Business
- Associated Press
Best Boat Transportation Just Got Better: CitizenShipper Launches Enhanced Verification System, Featured in USA Today
05/15/2025, Austin. TX // PRODIGY: Feature Story // As the demand for the best boat transportation soars ahead of the summer season, CitizenShipper, the nation's leading online shipping marketplace, has unveiled a bold new initiative to reinforce its industry leadership: an enhanced verification system for boat transporters, designed to prioritize trust, safety, and customer confidence. The announcement, recently featured in USA Today, highlights how CitizenShipper is setting a new industry benchmark in marine transport. With boat ownership and recreational boating on the rise— $57.7 billion in U.S. marine sales in 2023 and over 11.5 million boats in use nationwide—CitizenShipper is stepping up to ensure that boat owners can move their vessels with peace of mind. 'As we head into one of the busiest seasons for boat transport, this is about more than meeting demand,' said Richard Obousy, CEO of CitizenShipper. 'This is about leading with integrity. Our enhanced verification system ensures that every boat transporter on our platform is thoroughly vetted, highly qualified, and equipped to handle your boat with the expertise it deserves.' Raising the Bar for Boat Transporters CitizenShipper has always maintained high safety and compliance standards, but the new verification system goes even further, specifically targeting the unique requirements of boat and marine transportation. All carriers and brokers listing boat shipping services on the platform will now need to meet more rigorous credentialing standards, including: This system is being rolled out proactively—ahead of the summer surge—to protect customers during the industry's peak months for boat shipments. Obousy adds, 'We know from experience that summer means increased movement—snowbirds heading north, buyers relocating new vessels, and vacationers prepping for lake and coastal escapes. This is our way of preparing for that volume by ensuring only the best transporters are allowed on our platform.' A Platform Built for Speed, Trust, and Choice CitizenShipper operates as a dynamic two-way marketplace that connects boat owners with vetted drivers who bid on listed shipments in real-time. The platform is designed for speed and transparency, with: Boat owners can choose from multiple quotes and transporter options instantly, all while reviewing qualifications and experience to find the perfect match for their route and vessel size. 'We combine speed, trust, and full transparency. That's what sets us apart,' said Obousy. 'With the rollout of our new verification system, we're not just improving—we're redefining what best-in-class boat transportation looks like.' A Timely Upgrade Ahead of Summer Surge From yachts migrating between coastal homes to bass boats heading to inland lakes, summer is the prime season for boat relocations. CitizenShipper data confirms that pricing, volume, and urgency spike from late spring through early fall. Some of the most common seasonal trends include: With such a range of routes and vessel types, the risks of choosing the wrong transporter are high—which is why specialized vetting for boat haulers is so crucial. CitizenShipper: Trusted by Thousands, Growing by the Day Founded in 2008, CitizenShipper has facilitated more than 135,000 successful shipments, with drivers covering over 100 million miles. The platform supports a wide range of categories—from pet transportation to motorcycles to boats—and is trusted by both individuals and businesses across the country. Its mission is simple yet powerful: make shipping safer, smarter, and more accessible. By leveraging technology, community reviews, and strict safety protocols, CitizenShipper delivers a marketplace experience that prioritizes the customer's peace of mind. With the launch of the enhanced boat transporter verification system, CitizenShipper is continuing its tradition of putting customers first—and raising the bar for the entire industry. National Recognition for a Rising Leader CitizenShipper's announcement of the enhanced verification system was recently featured in USA Today, signaling national recognition for the company's efforts to improve transportation safety standards across the board. The article, titled 'CitizenShipper Launches Enhanced Verification System for Boat Transporters Ahead of Summer Surge', explored the company's proactive stance and its deep understanding of the seasonal nuances in boat transport. It also positioned CitizenShipper as one of the most trusted names in the marine logistics space. About CitizenShipper: CitizenShipper is a leading U.S.-based transportation marketplace that connects people with trusted drivers for shipments ranging from pets and motorcycles to furniture and boats. Headquartered in Austin, Texas, the platform prioritizes safety, transparency, and community-driven service, helping Americans move what matters most—faster and safer than ever before. Media Contact: Name: Lazar Jovanovic Company: CitizenShipper Email: [email protected] Address: 701 Tillery Street Unit 12-1249 Austin, Texas, 78702 Website: